Dec 11 (Reuters) - Naturgy Energy Group SA NTGY.MC :
* JOINT VENTURE OF NATURGY (75%) AND KUWAIT INVESTMENT AUTHORITY (25%), ANNOUNCED TODAY AGREEMENT TO BUILD A 97MW WIND FARM LOCATED AT HAWKESDALE, AUSTRALIA
* THE WIND FARM IS ESTIMATED TO REQUIRE TOTAL INVESTMENT OF AUD168 MILLION (ABOUT €100 MILLION) AND IS EXPECTED TO START OPERATIONS IN H2 2022
* SAYS CONTRACT CONSISTS OF A 15 YEARS POWER PURCHASE AGREEMENT (PPA) FOR ENERGY EQUIVALENT TO 97MW CAPACITY